Client: U.S. Agency for International Development
Duration: 2005-2008
Region: Middle East and North Africa
Country: Palestine
Solutions: Economic Growth
The Palestine Enterprise Development project represented a critical phase of the U.S. Agency for International Development (USAID)’s investment to support a viable market economy in Palestine. The project came at a sensitive time in the peace process, when USAID’s continuing leadership within the donor and Palestinian communities was required to catalyze positive change in a difficult environment. PED focused on strengthening democratic and market economy institutions, thereby maintaining positive momentum in the private sector and in key economic ministries, so that the Palestinian economy can compete in the global market. After the installation of a Hamas-led government in March 2006, the scope of the project was modified to provide a flexible humanitarian mechanism capable of fulfilling critical consumption needs and sustaining employment in the private sector.
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Essor acted at meso (business associations) and macro (government) levels to improve the incomes of the poor through the development of micro, small, and medium-sized enterprises (MSMEs), including women- and youth-owned and ones in rural areas, through reforms to the country’s investment climate and policies.
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